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Supremex (TSE:SXP) Stock Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Supremex logo with Consumer Cyclical background

Supremex Inc. (TSE:SXP - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$3.84 and traded as high as C$4.00. Supremex shares last traded at C$3.90, with a volume of 42,100 shares.

Supremex Price Performance

The company has a 50 day moving average price of C$3.88 and a 200-day moving average price of C$3.84. The company has a market cap of C$96.83 million, a price-to-earnings ratio of -5.78, a P/E/G ratio of 0.31 and a beta of 1.32. The company has a quick ratio of 1.01, a current ratio of 2.20 and a debt-to-equity ratio of 86.35.

Supremex Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Friday, June 20th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 5.13%. The ex-dividend date of this dividend is Thursday, June 5th. Supremex's dividend payout ratio (DPR) is currently -23.70%.

Supremex Company Profile

(Get Free Report)

Supremex Inc is engaged in manufacturer and marketer of a broad range of custom envelopes and packaging products. The company operates in two business segments that are Manufacturing and Sale of Envelopes, and the manufacturing and sale of paper-based packaging solutions and specialty products. The majority of the revenue is generated from the Envelope segment.

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